Yoshiharu Global Co. (NASDAQ: YOSH), a Japanese ramen & rolls restaurant operator, has signed a non-binding Memorandum of Understanding (MoU) with Chengdu Octaday Entertainment Group for a Master License Agreement in Sichuan Province, China. This partnership aims to introduce Yoshiharu's cuisine in multiple hotel locations across the province, home to over 83 million people.
The agreement follows Yoshiharu's recent partnership to open a flagship restaurant in Shenyang, China, demonstrating the company's international growth momentum. The collaboration with Chengdu Octaday Entertainment Group, which operates 30 corporate-owned and managed hotels in Sichuan, presents opportunities for Yoshiharu to expand its presence in hotels, theme parks, and other attractions.